Loan Officer
Annual salary range
₹1.3 Lakh - ₹4 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Experience
Department
Industry
Chennai
Company Type
Loan Officer Salary in Chennai (Updated 2025)
based on 96
latest salaries
• updated:
8 Feb 2025
Select an experience to get the exact salary
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Salary of majority employees
Experience wise Loan Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(3
salaries)
|  Unlock₹0.3 L/yr - ₹2.4 L/yr |
1
year
(18
salaries)
| Unlock ₹1.4 L/yr - ₹3 L/yr |
Login to view exact salary
| |
2
years
(21
salaries)
| Unlock ₹1.7 L/yr - ₹3.3 L/yr |
3
years
(21
salaries)
| Unlock ₹1 L/yr - ₹3.2 L/yr |
4
years
(19
salaries)
| Unlock ₹2 L/yr - ₹3.3 L/yr |
View all salaries by experience
Loan Officer Salary in
Chennai ranges between ₹1.3
Lakh to ₹4
Lakhs for
less than 1 year of experience to 6 years of experience
. Salary estimates are based on
96 latest salaries received
from Loan Officer.
See latest salaries
Loan Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Loan Officer Salary
1 - 6
years
exp.
(29
salaries)
| Unlock ₹1.3 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Sales & Business Development
Loan Officer Salary
0 - 5
years
exp.
(19
salaries)
| Unlock ₹1.6 L/yr - ₹3.3 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Loan Officers
1d ago
Ujjivan Small Finance Bank
Loan Officer
6 years exp.
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1d ago
NoBroker
Loan Officer
5 years exp.
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2d ago
Tata Power
Loan Officer
2 years exp.
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2d ago
Unity Small Finance Bank
Loan Officer
2 years exp.
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2d ago
Axis Bank
Loan Officer
2 years exp.
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2d ago
I Process Services
Loan Officer
4 years exp.
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3d ago
AVIOM
Loan Officer
1 year exp.
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3d ago
IDFC FIRST Bank
Loan Officer
4 years exp.
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3d ago
Unity Small Finance Bank
Loan Officer
8 months exp.
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3d ago
AVIOM
Loan Officer
2 years exp.
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| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| Unlock | ||
| Unlock | 1 job opening | |
| Unlock | ||
| Unlock | 30 job openings | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
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| ||
Loan Officer Jobs in Chennai
Loan Officer
· 0-3 years
HDB Financial Services
₹1.3
L/yr
- ₹1.5
L/yr
Pandua
Loan Officer
· 0-5 years
Axis Bank
Valsad
Loan Officer
· 1-4 years
Tata Capital Ltd
Erode
Similar Designation Salaries for Loan Officer
| Designations | Avg Annual Salary |
|---|---|
Sales Officer Salary
1 -
10
years
exp.
(2.7k salaries)
| Unlock ₹1.5 L/yr - ₹6.7 L/yr |
Manager Salary
4 -
16
years
exp.
(19.5k salaries)
| Unlock ₹4 L/yr - ₹26.5 L/yr |
Login to view exact salary
| |
Collection Officer Salary
1 -
7
years
exp.
(264 salaries)
| Unlock ₹1.1 L/yr - ₹4.3 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(2.2k salaries)
| Unlock ₹3 L/yr - ₹17.5 L/yr |
Team Lead Salary
2 -
12
years
exp.
(26.4k salaries)
| Unlock ₹2.4 L/yr - ₹16.3 L/yr |
View more similar designations
Salary related reviews by similar designations like Loan Officer
HDFC Bank
Branch Manager in Sindhudurg
• posted on 13 Feb 2025
Likes
Good culture and great work to place
- Salary - Excellent
+6 more
Dislikes
Vintage staff not getting salary correction as per market otherwise many left the service. Need to thing on salary revision of more than 10 year vintage staff. I am observing this since last 13 year and working on smaller package.
read moreBharat Financial Inclusion
Branch Manager in Kochi
• posted on 22 Feb 2025
Likes
...ff in BFIL and within a short period of time I was promoted to a branch manager. BFIL gives salary and incentive which no other company gives, they will pay salary exactly on 31st of every month. The package provided by them is very good like vehicle fuel charge, insurance.HR,IT,MS,PTC,and account's department team is very supportive.
read more- Salary - Excellent
+6 more
Dislikes
Evening Con call , late night work ,Working on holidays
HDB Financial Services
Sales Manager in Siwan
• posted on 25 Feb 2025
- Salary - Good
+1 more
Dislikes
No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.
read more- Skill development - Poor
+1 more
Aye Finance
Loan Officer in Tadepalligudem
• posted on 19 Dec 2024
Likes
Company loan amount is quick release company is good policy.
- Skill development - Good
+3 more
IndusInd Bank
Manager in Mumbai
• posted on 21 Jan 2025
Likes
Get promoted
- Skill development - Good
+2 more
Dislikes
Dont give local convenience and doesnt give good bonus to operation staff as well as doesnt increase salary much
read moreTop skills for Loan Officer
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Loan Officer Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.4 L/yr - ₹4.5 L/yr |
Mumbai
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.6 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.8 L/yr - ₹4.5 L/yr |
Kolkata
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.3 L/yr - ₹3.5 L/yr |
Pune
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.2 L/yr - ₹4.6 L/yr |
View More
Loan Officer Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.5 L/yr - ₹4 L/yr |
NBFC
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.5 L/yr - ₹3.7 L/yr |
Login to view exact salary
| |
Banking
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.6 L/yr - ₹4.2 L/yr |
Internet
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.2 L/yr - ₹4.8 L/yr |
Insurance
Loan Officer
0 -
6
years
exp.
| Unlock ₹1.5 L/yr - ₹4.2 L/yr |
View More
Frequently Asked Questions about Loan Officer Salaries
What is the salary of a Loan Officer in Chennai?
Salary for a Loan Officer in Chennai ranges between ₹1.3 Lakhs to ₹4.0 Lakhs per year. Salary estimates are based on 96 latest salaries received from various Loan Officers across industries.
What are the top paying companies that employ Loan Officers?
- Ujjivan Small Finance Bank Loan Officer Salary - ₹3.1 Lakhs per year
- HDFC Sales Loan Officer Salary - ₹2.9 Lakhs per year
- HDFC Bank Loan Officer Salary - ₹2.9 Lakhs per year
- Tata Capital Loan Officer Salary - ₹2.9 Lakhs per year
- Bandhan Bank Loan Officer Salary - ₹2.8 Lakhs per year
What is the starting salary for a Loan Officer in Chennai?
Average starting Salary for Loan Officer in India is around ₹1.3 Lakhs per year (₹10.8k per month). No prior experience is required to be a Loan Officer.
What is the highest salary for a Loan Officer in Chennai?
Highest salary that a Loan Officer can earn is ₹4.3 Lakhs per year (₹35.8k per month).
What are the top paying industries for Loan Officer in Chennai?
- NBFC - ₹1.4 Lakhs to 100.0 Lakhs per year
- IT Services & Consulting - ₹2.3 Lakhs to 3.0 Lakhs per year
- Financial Services - ₹1.0 Lakhs to 8.0 Lakhs per year
- Banking - ₹1.2 Lakhs to 4.8 Lakhs per year
- BPO - ₹0.1 Lakhs to 2.5 Lakhs per year
What are the top paying cities for Loan Officer in India?
- Chennai - ₹0.1 Lakhs to 100.0 Lakhs per year
- Mumbai - ₹0.2 Lakhs to 13.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.4 Lakhs to 13.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 12.0 Lakhs per year
- Kolkata - ₹0.1 Lakhs to 4.5 Lakhs per year
What are the popular/top skills required to become a Loan Officer?
These are the top skills of a Loan Officer based on 98 jobs posted by employers.
- Salesforce
- Customer Service
- Business Development
- Finance
- Banking Sales
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